Press release
RFID in Retail Market to Witness Unprecedented Growth 2019-2027 Estimated by Global Top Players Alien Technology, Applied Wireless, ASSA ABLOY Global Solutions , Avery Dennison , Checkpoint Systems , GAO RFID , Honeywell International
RFID in retail market
The radio frequency identification or RFID is a tracking technology which utilizes tags or chips for transmitting the signal to remote scanners. RFID is used for a multitude of applications such as vehicle tracking, patient tracking, and financial transactions, among others. This technology in the retail sector enables retailers to precise inventory management by tracking their inventory throughout the retail supply chain. RFID in retail is similar to the barcode system. The difference is that the former uses radio waves to read data from tags. It can be used to prevent theft and track products that are moved or misplaced. Besides, RFID in retail is utilized to perform cashless transactions and automated checkouts.
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Key Players of this Report
Alien Technology, Applied Wireless, ASSA ABLOY Global Solutions , Avery Dennison , Checkpoint Systems , GAO RFID , Honeywell International , NXP Semiconductors , Smartrac N.V., Zebra Technologies Corp.
The RFID in retail market is anticipated to grow in the forecast period owing to driving factors such as increased applicability in the retail sector for inventory management and asset tracking applications. In addition to this, other benefits such as reduced human errors, automated checkouts, and interactive advertisements further fuel the growth of the RFID in retail market. However, high installation costs is a restraint for the RFID in retail market. Nonetheless, the adoption of RFID in retail industry in the developing countries offers lucrative opportunities for the RFID in retail market during the forecast period.
MARKET SCOPE
The "Global RFID in Retail Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of RFID in retail market with detailed market segmentation by product, frequency, and geography. The global RFID in retail market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading RFID in retail market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global RFID in retail market is segmented on the basis of product and frequency. Based on product, the market is segmented as tags, readers, and software. On the basis of the frequency, the market is segmented as low, high, ultra-high, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global RFID in retail market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The RFID in retail market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Table of Contents
1. INTRODUCTION
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RFID IN RETAIL MARKET LANDSCAPE
5. RFID IN RETAIL MARKET - KEY MARKET DYNAMICS
6. RFID IN RETAIL MARKET - GLOBAL MARKET ANALYSIS
7. RFID IN RETAIL MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT
8. RFID IN RETAIL MARKET - REVENUE AND FORECASTS TO 2027 - FREQUENCY
9. RFID IN RETAIL MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10. INDUSTRY LANDSCAPE
11. RFID IN RETAIL MARKET, KEY COMPANY PROFILES
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